Marco change programme improved the state of a set number of sharecroppers with

reason to protect the regime from country distress instead of to redistribute considerably
wealth and political influence to villagers.

The symptoms that Philippines manifested are the surge capital in short term in the
forms of portfolio investment which relative to the flow of foreign direct investment, the
economy that shown in the stock markets and price inflation of real estate, the rapid domestic
credit expansion by the commercial banking system, current account deficit and the
overvaluation of the local currency.

In short term portfolio investment, the Philippines financial institutions hit with a
quick the global markets for both short term and long term foreign exchange resources. The
borrowing utilizes take an advantage of different interest rate and exchange rate for lending to
the local borrowers in the local currency. There were the issues in two years (1995-1997) to
the use of Foreign Currency Deposit Unit (FCDU) of offshore bank that is borrowing by the
private sector.

In 1980’s the Marco Regime happen to analyses the government facing problem in
long term such as armed and democratic, reduce solidarity, deteriorating an economy which
are worsening situation of human rights. Benigno Aquino assassination traces Philippine
political. On 21 August 1983 on the Manila International Airport.

In late February 1986 Aquino government have developed a political in Philippines through
the elections. There were full of promises, frustrating, high expectations and disappointment
in these two years (1986-1988). It was a period where Philippines reveled and tests the limits
of their freedom political after almost fourteen years of authority under Marco. Philippines
politics has been established after period uncertainty and instability usually associated with an
abrupt regime change. The Marcos regime is a bureaucratic that constructed on basis of the
loyalty to the chief. It will affect the lack in process succession of institutional.